Is 19963, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 19963 has remained a Seller's Market.
Housing Prices in 19963, DE
How much do homes in 19963, DE cost?
Median Sold Price
$335,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 19963 was $335,000 in April 2024, up 11.7% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $225K | N/A |
2 Bedrooms | $220K | $233.7K | +6.3% |
3 Bedrooms | $294.9K | $332.5K | +12.8% |
4 Bedrooms | $415K | $389.5K | -6.1% |
5+ Bedrooms | $504.8K | $409.9K | -18.8% |
Summary: 19963 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 18.8%.
Housing Supply in 19963, DE
How many homes are available in 19963, DE?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
115 | 116 | +0.9% |
Summary: The 19963 real estate market had 116 homes for sale in April 2024, a 0.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 68 | 61 | -10.3% |
4 Bedrooms | 27 | 34 | +25.9% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 19963 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 20 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 19963 in April 2024, the same as the previous month. Of the 20 sold homes, 50% were sold under asking, 45% were sold at asking, and 5% were sold over asking.
Days on Market for 19963, DE
How long does it take to sell a home in 19963, DE?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 35 Days | -42.0% |
Summary: Homes in 19963 had an average of 35 days on market in Apr 2024, down by 42% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in 19963; 60% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.